this post was submitted on 19 Oct 2023
394 points (97.4% liked)

Technology

66067 readers
4861 users here now

This is a most excellent place for technology news and articles.


Our Rules


  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each other!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
  9. Check for duplicates before posting, duplicates may be removed
  10. Accounts 7 days and younger will have their posts automatically removed.

Approved Bots


founded 2 years ago
MODERATORS
 

Reddit’s blockchain-based “Community Points” rewards crash after sunsetting::Tokens based on subreddit reputation saw dips over 85% after the announcement.

you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 53 points 1 year ago (16 children)

"take your reputation anywhere you want on the Internet."

How is this supposed to work exactly? Does any other site care about your reddit karma?

[–] [email protected] 70 points 1 year ago (12 children)

It doesn't.

Crypto bros are really fond of the whole "use the blockchain to take your assets from one platform to another" grift, but it:

  1. Doesn't work if the other platform doesn't support it
  2. Could be done without a blockchain if both platforms agree to share a database

It's like you said: Do any other websites care about your Reddit karma? No. Why would they? It's only 2 uses are to make people addicted to Reddit through gamifying their opinions and filtering bot accounts by having a minimal karma threshold to post on subs.

[–] flumph 2 points 1 year ago

Yeah. I got a free NFT avatar on Reddit and some crypto bro couldn't shut up about how I "owned". Like no, chuckle head, if Reddit is the only site that supports it and they decide to stop supporting it, I own nothing.

load more comments (11 replies)
load more comments (14 replies)